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Article -The Top Ten Misconceptions about SBA Loans

The Top Ten Misconceptions about SBA Loans

10. It takes 9 to 10 months to get a loan through the SBA

9. Because the SBA guarantees this loan, the lender doesn’t care if it’s a good deal

8. The SBA application is over 100 pages

7. You must have a house to qualify and collateral

6. You must have a detailed business plan

5. No bank will do this loan – I already asked

4. SBA loans cannot be used toward leasehold improvements or goodwill

3. Friends told me that SBA would finance 100% and I won’t need a down payment

2. My credit score shouldn’t matter because this loan will be insured by the government

1. You must be declined by 3 banks in order to apply for an SBA loan

Prepared by: Diamond Financial – Catch FireFunding.com

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Privacy Statement

FranchiseCompany.com recognizes the importance of protecting the privacy of all information provided by users of this website (this “Site”). We are serious about your privacy.

Collection and Use of Non-Personal Information. Although you need not submit your personal information to us to view the content of this Site, we may automatically collect non-personal information from your computer by using “cookies”. A “cookie” is a small piece of data stored on a user's computer by a web browser to make web browsing more efficient or relevant to the user. This data may include the date, time, browser type, navigation history and IP address of all visitors to our Site. We use this data for system administration and trend analysis. This data also enables us to audit general customer preferences and demographics; however, this data does not enable us to identify you personally. We may share this composite information with our advertisers and business affiliates.

Collection and Use of Personal Information. From time to time, you may decide to voluntarily submit personal information, including your name, physical address, email address, telephone numbers, credit card numbers and other personal information, in order to purchase or obtain goods or services, participate in surveys or contests, request information from our advertisers, participating franchisors or affiliates, and/or otherwise make use of one or more features of the Site. You may also be asked to register to make use of one or more features of the Site. Your use of the Site, and your disclosure of your personal information, is completely voluntary. Your information will be used only for the purpose submitted (subject to the security warning provided below), unless you agree to allow us to share your information with advertisers, survey or contest sponsors, franchisors and/or other third parties (see “Permissions” below).

Referrals. If you choose to refer us to a friend by providing us with your friend's name, e-mail address and/or interests, we will use this data to provide information about our services and/or our franchisors, affiliates and advertisers. Your friend may subsequently choose to opt out of further communications from us and/or our franchisors, affiliates and advertisers.

Customer Support. From time to time, you may decide to voluntarily request service, support or give feedback concerning our Site. We may forward these communications from you to third party agents or affiliates, as needed, to appropriately respond to your concern or request. We may retain e-mails and other support information and feedback sent to us for our internal administrative purposes, and to help us to serve customers better. Please note that complaints, comments, blog entries, letters to the editor and similar submissions may be published, omitted or removed from the Site, if and as we choose.

Updating Personal Information. If the personal, identifiable information that you have submitted to us is incorrect or changes, please follow the directions on our Site or contact Customer Service to correct or update your personal data.

Permissions. If you voluntarily submit personal data to us in order to request information, and/or if you authorize us to disclose your personal data to franchisors, affiliates or advertisers for marketing or other purposes, you may subsequently change your preferences or otherwise cancel your previous requests, by following the directions on our Site or by contacting Customer Service. Please allow sufficient time for your request to take effect. You may continue to receive information and contacts until such time as your request takes effect.

Security. We use reasonable precautions to protect your submitted personal information and to store it securely. Sensitive information that is transmitted to us online (such as your credit card number) is encrypted for secure transmission. In addition, access to all personal information submitted to us, not just sensitive information, is restricted. Finally, the servers on which we store personal, identifiable information are kept in a reasonably secure environment. We follow reasonable, industry standard precautions and protocols, but such precautions and protocols are not necessarily foolproof or infallible in the event of an attack, terrorist activity or a powerful act of nature.

Links. Our Site may contain links to other websites. We are not responsible for the privacy practices or content of such other websites. We encourage our users to be aware when they leave our Site and to read the privacy statements of each such other website.

Children. Our Site is not intended for individuals under eighteen years of age, and we do not intentionally seek personal information from such individuals. If you are under the age of eighteen, please do not submit personal information to us.

Notification and Changes. This Privacy Statement is subject to change at any time. Please check this page frequently to make sure that you are aware of our current policy.

Phone:

(801)806-4223

Fax:
(888) 448-7635

Email:

nalarid@franchisesforsale.com

Mail:

Franchises For Sale, LLC

1570 North Main Street

Spanish Fork, UT 84660

USA

About Us

FranchisesForSale.com is a team of successful franchise development professionals who created the first content driven website that focuses on the franchise award process.

FranchisesForSale.com is more than just a list of franchises. It’s a resource for people who want to learn about the franchise business. Our goal is to connect people who want to own a franchise with the franchise business opportunity that best suits them. We do this by showcasing quality franchise brands that are looking to grow in specific geographic areas. FranchisesForSale.com is a division of Ultimate Franchise Company, LLC.

Franchise Information is Easy to Find on FranchiseSForSale.com

If you’re looking for franchise information, you will quickly learn that there is a lot of it out there. But if you are looking for quality franchise information that will help you decide if a franchise business opportunity is for you, look at FranchiseSforSale.com.

This site was designed with the potential franchise candidate in mind. The home page directs you to the areas of the website where you can find the franchise information you need:

About the franchise award process
Which type of franchise fits you
Creative financing in a tight credit market
Steps to Owning a Franchise

At FranchiseSforSale.com, you’ll find franchise information and “frequently asked questions” on the front page, not buried in some later tab. From there, you can also search for detailed information about franchise categories and available franchise brands.

If you’re new to franchising, there is an information tab just for you--New to Franchising. This tab offers franchise information for people who are just learning about the business of franchising, as well as people who have decided that a franchise is the next step in their career.

If you are looking for helpful franchise information, www.FranchiseSforSale.com has quality information about franchising and franchises in general, as well as detailed information about available franchise brands.

Frequently Asked Franchise Questions

Q: How much does it cost to create a profile and an account on your website if I am a potential franchisee?

A: As a potential franchisee there is absolutely no cost for you to create a profile on our website. The goal of our company is to give you the tools for a successful franchise search.

Q: What types of franchises will I find on your website?

A: FranchiseSforSale.com has several franchise categories. For example, we offer opportunities in for Cleaning and Maintenance franchises, Low Cost Franchises, Retail Franchises, Food Franchises, and much more.

Q: What makes your website different from the others I have visited?

A: FranchiseSforSale.com was created by a team of successful franchise development professionals that has designed what is the first content-driven website to focus on the franchise award process. This means that our website is more than a list of franchises--it’s a resource for people who want to learn about buying a franchise. Check out our article section.

Q: Do you offer any guarantees?

A: Yes we do. We guarantee that when you submit your profile to our website that the Franchisor will contact you within 48 hours. Try it out.

If you did not receive an email or a telephone call from the advertised Franchisor that you selected, please call us at 888-903-7262.

Q: What other resources do you recommend for potential franchisees like me?

A: We have a section called "New to Franchising" specifically designed for people like you. It's a place where potential franchisees can become more familiar with the franchising process and to access what we at FranchiseSforSale.com believe are the top franchise tips you need to know.

Q: What questions should I be asking as someone new to franchising?

A: There are several questions that you should be asked as you begin to engage the franchise research process. Here are some of the top questions that we see from users:

How do I select the right franchise for me?

How will I pay for a franchise?

What traits to I need to be successful in franchising? See the individual Franchise Profile for information about their successful franchisee characteristics.

What kind of relationship and support can I expect from the franchisor?

What is the actual process of buying a franchise?

Have A Franchise Question? Contact Us.


	Email Address Password First name Last name Company name Country State/Province Address City Zip/Postal code Tel number Send me your informative Newsletter Close[X]


	Privacy Statement FranchiseCompany.com recognizes the importance of protecting the privacy of all information provided by users of this website (this “Site”). We are serious about your privacy. Collection and Use of Non-Personal Information. Although you need not submit your personal information to us to view the content of this Site, we may automatically collect non-personal information from your computer by using “cookies”. A “cookie” is a small piece of data stored on a user's computer by a web browser to make web browsing more efficient or relevant to the user. This data may include the date, time, browser type, navigation history and IP address of all visitors to our Site. We use this data for system administration and trend analysis. This data also enables us to audit general customer preferences and demographics; however, this data does not enable us to identify you personally. We may share this composite information with our advertisers and business affiliates. Collection and Use of Personal Information. From time to time, you may decide to voluntarily submit personal information, including your name, physical address, email address, telephone numbers, credit card numbers and other personal information, in order to purchase or obtain goods or services, participate in surveys or contests, request information from our advertisers, participating franchisors or affiliates, and/or otherwise make use of one or more features of the Site. You may also be asked to register to make use of one or more features of the Site. Your use of the Site, and your disclosure of your personal information, is completely voluntary. Your information will be used only for the purpose submitted (subject to the security warning provided below), unless you agree to allow us to share your information with advertisers, survey or contest sponsors, franchisors and/or other third parties (see “Permissions” below). Referrals. If you choose to refer us to a friend by providing us with your friend's name, e-mail address and/or interests, we will use this data to provide information about our services and/or our franchisors, affiliates and advertisers. Your friend may subsequently choose to opt out of further communications from us and/or our franchisors, affiliates and advertisers. Customer Support. From time to time, you may decide to voluntarily request service, support or give feedback concerning our Site. We may forward these communications from you to third party agents or affiliates, as needed, to appropriately respond to your concern or request. We may retain e-mails and other support information and feedback sent to us for our internal administrative purposes, and to help us to serve customers better. Please note that complaints, comments, blog entries, letters to the editor and similar submissions may be published, omitted or removed from the Site, if and as we choose. Updating Personal Information. If the personal, identifiable information that you have submitted to us is incorrect or changes, please follow the directions on our Site or contact Customer Service to correct or update your personal data. Permissions. If you voluntarily submit personal data to us in order to request information, and/or if you authorize us to disclose your personal data to franchisors, affiliates or advertisers for marketing or other purposes, you may subsequently change your preferences or otherwise cancel your previous requests, by following the directions on our Site or by contacting Customer Service. Please allow sufficient time for your request to take effect. You may continue to receive information and contacts until such time as your request takes effect. Security. We use reasonable precautions to protect your submitted personal information and to store it securely. Sensitive information that is transmitted to us online (such as your credit card number) is encrypted for secure transmission. In addition, access to all personal information submitted to us, not just sensitive information, is restricted. Finally, the servers on which we store personal, identifiable information are kept in a reasonably secure environment. We follow reasonable, industry standard precautions and protocols, but such precautions and protocols are not necessarily foolproof or infallible in the event of an attack, terrorist activity or a powerful act of nature. Links. Our Site may contain links to other websites. We are not responsible for the privacy practices or content of such other websites. We encourage our users to be aware when they leave our Site and to read the privacy statements of each such other website. Children. Our Site is not intended for individuals under eighteen years of age, and we do not intentionally seek personal information from such individuals. If you are under the age of eighteen, please do not submit personal information to us. Notification and Changes. This Privacy Statement is subject to change at any time. Please check this page frequently to make sure that you are aware of our current policy. Close[X]


	Phone: (801)806-4223 Fax: (888) 448-7635 Email: nalarid@franchisesforsale.com Mail: Franchises For Sale, LLC 1570 North Main Street Spanish Fork, UT 84660 USA Close[X]


	About Us FranchisesForSale.com is a team of successful franchise development professionals who created the first content driven website that focuses on the franchise award process. FranchisesForSale.com is more than just a list of franchises. It’s a resource for people who want to learn about the franchise business. Our goal is to connect people who want to own a franchise with the franchise business opportunity that best suits them. We do this by showcasing quality franchise brands that are looking to grow in specific geographic areas. FranchisesForSale.com is a division of Ultimate Franchise Company, LLC. Franchise Information is Easy to Find on FranchiseSForSale.com If you’re looking for franchise information, you will quickly learn that there is a lot of it out there. But if you are looking for quality franchise information that will help you decide if a franchise business opportunity is for you, look at FranchiseSforSale.com. This site was designed with the potential franchise candidate in mind. The home page directs you to the areas of the website where you can find the franchise information you need: About the franchise award process Which type of franchise fits you Creative financing in a tight credit market Steps to Owning a Franchise At FranchiseSforSale.com, you’ll find franchise information and “frequently asked questions” on the front page, not buried in some later tab. From there, you can also search for detailed information about franchise categories and available franchise brands. If you’re new to franchising, there is an information tab just for you--New to Franchising. This tab offers franchise information for people who are just learning about the business of franchising, as well as people who have decided that a franchise is the next step in their career. If you are looking for helpful franchise information, www.FranchiseSforSale.com has quality information about franchising and franchises in general, as well as detailed information about available franchise brands. Close[X]


	Frequently Asked Franchise Questions Q: How much does it cost to create a profile and an account on your website if I am a potential franchisee? A: As a potential franchisee there is absolutely no cost for you to create a profile on our website. The goal of our company is to give you the tools for a successful franchise search. Q: What types of franchises will I find on your website? A: FranchiseSforSale.com has several franchise categories. For example, we offer opportunities in for Cleaning and Maintenance franchises, Low Cost Franchises, Retail Franchises, Food Franchises, and much more. Q: What makes your website different from the others I have visited? A: FranchiseSforSale.com was created by a team of successful franchise development professionals that has designed what is the first content-driven website to focus on the franchise award process. This means that our website is more than a list of franchises--it’s a resource for people who want to learn about buying a franchise. Check out our article section. Q: Do you offer any guarantees? A: Yes we do. We guarantee that when you submit your profile to our website that the Franchisor will contact you within 48 hours. Try it out. If you did not receive an email or a telephone call from the advertised Franchisor that you selected, please call us at 888-903-7262. Q: What other resources do you recommend for potential franchisees like me? A: We have a section called "New to Franchising" specifically designed for people like you. It's a place where potential franchisees can become more familiar with the franchising process and to access what we at FranchiseSforSale.com believe are the top franchise tips you need to know. Q: What questions should I be asking as someone new to franchising? A: There are several questions that you should be asked as you begin to engage the franchise research process. Here are some of the top questions that we see from users: How do I select the right franchise for me? How will I pay for a franchise? What traits to I need to be successful in franchising? See the individual Franchise Profile for information about their successful franchisee characteristics. What kind of relationship and support can I expect from the franchisor? What is the actual process of buying a franchise? Have A Franchise Question? Contact Us. Close[X]


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